AMERCO (NASDAQ:UHALB) Reaches New 52-Week High – Should You Buy?

AMERCO (NASDAQ:UHALB) shares reached a new 52-week high during trading on Thursday . The stock traded as high as $69.39 and last traded at $68.26, with a volume of 259578 shares. The stock had previously closed at $68.50.

AMERCO Stock Performance

The firm has a fifty day simple moving average of $68.08 and a 200 day simple moving average of $64.18. The company has a market capitalization of $13.38 billion and a PE ratio of 24.73.

AMERCO (NASDAQ:UHALB) last released its quarterly earnings data on Wednesday, August 7th. The company reported $1.00 EPS for the quarter. The firm had revenue of $1.55 billion for the quarter.

AMERCO Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 16th were given a dividend of $0.05 per share. The ex-dividend date was Monday, September 16th. This represents a $0.20 annualized dividend and a yield of 0.29%. AMERCO’s dividend payout ratio (DPR) is presently 7.22%.

About AMERCO

AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.